Why the Obama Budget is Already Dead

Congress has passed a two-year budget agreement that sets spending levels through the end of 2015, meaning that members of the House and Senate can justifiably dismiss the budget President Obama unveiled Tuesday as irrelevant.

“Everybody realizes that both sides are going to continue to put out their message documents to show what they would do if they gained seats in the House or Senate,” Sen. Charles E. Schumer (D-N.Y.) said Tuesday. “But at the same time, there’s a very strong desire to start legislating.”

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